At this point, I think its time to mention that AB's numbers are only from 2kms of a 18km total strike. With 72Mt Zn @ 6.7% and a total 'conservative' target of 180Mt-250Mt Zn, it could quite easily be 10X this, to around 700Mt-750Mt Zn.
Also, add the Pb and Ag credits, plus over 50M spent on the indicated JORC, plus the purchase of Rocky Gully (90%) in the prolific Fraser Range (Ni).
It was also noted by PA 30/10/14 that "The mineralisation has been shown to produce a premium coarse-grained zinc concentrate"....
With a current Mkt Cap of 5M and 'substantial shareholders' buying in even today, its fair and reasonable to say the PLD is waaaay undervalued and a screaming buy at the moment.
ps. I think the reason why the sp has been low/steady to date is because, it has been known for some time, that discussions with a JV partner was required. Although the project is now secured by PLD, some will wait and see how they plan to move it forward. However, when this is revealed (and it will be), I think the horse may have already bolted by then... IMHO.
So I guess one could say ... YOU DO THE MATH. That is all.
E.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.972M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.1¢ | $14.49K | 7.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
59 | 146419981 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 946106 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 139419981 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 946106 | 1 |
0.003 | 80295582 | 55 |
0.004 | 13890286 | 10 |
0.005 | 7823264 | 10 |
0.006 | 19020175 | 14 |
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